Shares of Hyeongji Group's three listed companies—Hyeongji Elite, Hyeongji Global, and Hyeongji I&C—have seen significant gains.
As of 9:51 a.m. on October 20, Hyeongji Elite was trading at 1,924 won, up 444 won (30.00%) from the previous trading day.
The surge is attributed to the Korea Exchange's decision to postpone delisting procedures due to insufficient market capitalization, which has eased investor sentiment and attracted bargain hunters.
Hyeongji Global also rose by 29.8%, hitting the upper limit, while Hyeongji I&C was trading at a 25.09% increase at the same time.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.